This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom house of 65 m², built in 1980. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The property includes the potential to utilize the attic, offering an opportunity to expand usable space significantly and create a customized living environment.
The valuation. The asking price of €220,000 is €21,644 (10.9%) above the fair value of €198,356, indicating that the property is overpriced. This discrepancy should be considered in any investment decision. Buy-to-flip angle. The potential resale strategy focuses on renovating the property selectively to enhance aesthetic appeal, particularly in the basic finish areas, which may attract buyers willing to pay a premium. Buy-to-let angle. With an estimated monthly rental income of €1,137, the gross yield of 6.2% indicates a solid return for a long-term rental strategy in a suburban area like Carcavelos e Parede.
Fair value modelled at €198,356 from 6 comparable sales in the area. Asking €220,000 sits €21,644 (10.9%) above — overpriced versus fair value.
Asking €220,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €230,171 (€3,541/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €230,171, adjusted for condition and micro-location, gives a modelled fair value of €198,356 (€3,052/m²), a €21,644 (10.9%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 3df483 | Subject | €220,000 | €3,385 | — | 60 | 67 |
| São Domingos de Rana · 4a4502 | Active | €260,000 | €2,241 | 33.8% | 55 | 75 |
| rua Abel dos Santos, 36 | Active | €375,000 | €4,310 | 27.4% | — | 71 |
| São Domingos de Rana · 65a84a | Active | €590,300 | €4,278 | 26.4% | 70 | 75 |
| rua Cotovelo, 96A | Active | €650,000 | €3,693 | 9.1% | 70 | 74 |
| Median comp | €482,650 | €3,986 | 17.8% | 70 | 75 |
Long-term rental The property is currently listed at €220,000, which is 10.9% above its calculated fair value of €198,356, making it overpriced. With a gross yield of 6.2%, the returns may not justify the elevated price point for long-term rental investment. Buy-and-hold Investing in this 2-bed house in Carcavelos e Parede at €220,000 presents challenges, as it is above fair value, likely diminishing capital appreciation potential. Although the property offers a 6.2% gross yield, the market's overpricing could negatively impact long-term growth and profit. Family rental At €220,000, this property exceeds fair value by 10.9%, raising concerns about its attractiveness for family rental in a suburban area. While the yield of 6.2% is reasonable, the higher price may deter quality tenants seeking value in their housing options.
Tenant turnover risk: With a tenant stability score of 65/100, there is a significant chance of increased turnover, which could lead to higher vacancy rates and potential loss of rental income.
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